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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Monday, 21 August 17
FIRM DEMAND FOR CAPES CONTINUE TO SUPPORT DRY BULK SHIPPING
COALspot.com: The freight market was continued to rose this past week compared to the previous weeks, as BDI, Cape and Panamax indexes show a posit ...
Friday, 18 August 17
U.S. WEEKLY COAL OUTPUT UP 2.1% WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 17 August 17
DESPITE A HOLIDAY-DISRUPTED WEEK IT HAS BEEN A NEW ACTIVE WEEK FOR THE PANAMAXES - FEARNLEYS
Supramax
A very quiet start to the week with holidays in several countries. USG still bringing good results supported by a tight tonnage availabl ...
Monday, 14 August 17
CENTURIES ON, AND DRY BULK STILL RULES THE WAVES... - SARAH HOLDEN | CLARKSONS
By the late 1800s, the shipping industry had been transformed by the introduction of steam power and iron ships. Coal and grain were two of the mos ...
Monday, 14 August 17
THE FREIGHT MARKET CONTINUES ON AN UPWARD PATH
COALspot.com: The freight market was continued to rose this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positi ...
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Showing 1966 to 1970 news of total 6871 |
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- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
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